Soroban introduces smart contracts to the Stellar blockchain, leveraging WebAssembly and Rust for secure, efficient execution. Integrated natively into Stellar, it enables DeFi, tokenization, DAOs, and more without compromising speed or low costs. Launched on mainnet in 2023, it positions Stellar as a full-fledged dApp ecosystem.
Soroban is Stellar's smart contract platform, built on WebAssembly and primarily using Rust, integrated directly into the Stellar blockchain for native interaction with assets and accounts. Key features include deterministic execution, high performance, memory safety from Rust, low transaction costs, and scalability inherited from Stellar's optimized infrastructure. Developers benefit from comprehensive tools like soroban-cli, sandbox testing, and clear documentation. Possible applications span DeFi protocols like AMMs and lending, asset tokenization, governance DAOs, NFTs, and enterprise payment automation. Initially tested in 2022, Soroban rolled out to mainnet in 2023 in phases, marking Stellar's evolution from payments to programmable finance. Quotes from Stellar's CEO highlight its role as the foundation for Stellar's programmable future.
